Recent Posts

How ITP Enchances Customer Experience in Online Shopping

ITP, or Inciador de Transações Pagamentos, is one of Open Finance's most promising features. Here is how it works and how it will enhance the shopping experience. The translation for Iniciador de Transações de Pagamento is Payment Transaction Initiator. The idea of ITP is to accelerate the payment journey; as it happens with credit cards, PIX wants to be more...

Bacen’s Digital Drive and Innovations Shaping Brazil’s Financial Future

2023 was a year full of innovation in the Brazilian banking system, as Banco Central do Brasil is on a mission to make Brazil more digital and tokenized.Bacen will push an agenda to improve instant payment rails (PIX), open finance, and asset tokenization through the construction of the digital equivalent of the real, Drex.To give it some color, here...

Globo, Kwai, Caixa, and the Race for Brazil’s Betting Throne

The betting industry in Brazil is so promising that out of the 134 companies interested in applying for the gaming license, there are names like Globo, Kwai Brasil, and Caixa Econômica Federal. If you are not familiar with these names, before writing why it is a big deal, I will explain who they are and what they represent. Globo is a...

Insights From Brazil’s Crypto Industry Regulation Public Consultation

The Central Bank of Brazil is in full swing. One of its initiatives is to regulate verticals that are already in place but do not bring in revenue for the government through taxes. The Central Bank of Brazil finished a public consultation on Wednesday (31) regarding the regulation of the crypto asset industry in Brazil, a topic that BACEN has...

Pix Reaches Usage Records in 2023, Reducing The Circulation of Actual Money.

Brazilian Central (BACEN) revealed data showing that in 2023, Brazilians transferred a total of R$17.18 trillion using Pix. Becoming a new payment system record.According to the BACEN, transfer volumes increased by 57.8% in 2023 compared to 2022, when transactions totaled R$10.89 trillion.It is vital to know that in 2022, Pix surpassed credit cards as the primary payment method, with...

Ensuring Sporting Integrity: Brazil is Preparing to Regulate Sports Betting

Integrity is taken seriously in countries where Sports Betting is regulated, and it will be no different in Brazil. On January 31, President Lula signed a decree that established the creation of the “Prize and Bets Office,” or Secretaria de Premios and Apostas (SPA), to regulate sports betting and online gaming.One of the purposes of sports betting regulation is...

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Update: Pix Automático Release Delayed to June 2025

Banco Central released a note stating that the release...

Contactless Payments with PIX Are Here

I've got great news for all PIX fans! PIX...

A Batalha Entre Cartões de Crédito e PIX: O Que Está em Jogo?

Essas são as "headlines" de notícias sobre cartão de...

Benefícios dos Cartões de Crédito: Serão Eles Superados pelo PIX?

Quem trabalha com meios de pagamento está sempre conversando...

PIX se Torna Referência Global em Tecnologia de Pagamentos

Pix caminha para se tornar global: Lembram da empolgação...

Fast forward: The Revolution in Boleto Settlement Times

It's the hot topic of conversation, but let me...